CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable September 30, 2024, to shareholders of record on September 17, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic [Read more]
Baker Hughes announces leadership changes to continue strategic growth and customer success
Amerino Gatti appointed as executive vice president of Oilfield Services & Equipment (OFSE) business segment Maria Claudia Borras appointed as chief growth & experience officer Muzzamil Khider Ahmed appointed as chief people & culture officer HOUSTON and LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) announced Tuesday several changes to its leadership team, effective by Oct. 1. These changes are designed to [Read more]
Prairie Provident Announces Interim Extension of Senior Credit Facility
CALGARY, Alberta, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces an extension to the maturity date of its senior secured credit facility (the "First Lien Loan") until September 20, 2024 as well as the deferral of all interest payment obligations thereunder. The Company and its lender are actively engaged in discussions on a further extension of the First Lien Loan. ABOUT PRAIRIE PROVIDENT Prairie Provident is a [Read more]
International Petroleum Corporation Announces Results of Normal Course Issuer Bid and Updated Share Capital
TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 138,900 IPC common shares (ISIN: CA46016U1084) during the period of August 26 to 30, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and [Read more]
Petrus Resources announces monthly activity update
CALGARY, Alberta, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]
Parex Resources announces operational and guidance update, and Chief Financial Officer transition
CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) provides an update on its current operations, corporate guidance, outlook, and announces Sanjay Bishnoi’s departure as Chief Financial Officer (“CFO”) to pursue another opportunity. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Guidance Update Primarily Based on Arauca Underperformance – Return of Capital Focus Unchanged Regular Dividend [Read more]
TC Energy announces South Bow’s closing of $7.9 billion notes offering for liquids pipelines spinoff
CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that South Bow Corporation (South Bow) has closed a notes offering of approximately $7.9 billion Canadian-dollar equivalent in aggregate principal amount (the Notes Offering) related to the spinoff of TC Energy's Liquids Pipelines business (the spinoff Transaction). Establishing the independent, investment-grade debt capital structure was met with strong market [Read more]
Pieridae Announces $30 Million Equity Rights Offering With $25 Million Standby Commitment
Reduces debt and accelerates high-impact well and facility optimization program CALGARY, Alberta, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce that it is offering rights (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on September 9, 2024 (the “Record Date”). Pursuant to the Rights Offering, each holder of Common Shares resident in a [Read more]
Update on Regulatory Conditions for Acquisition of i3 Energy Plc
CALGARY, Alberta, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Recommended And Final* Cash And Share Acquisition of i3 Energy Plc ("i3 Energy") by Gran Tierra Energy Inc. ("Gran Tierra") to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 27 August 2024 Update on Regulatory Conditions On 19 August 2024, the boards of directors of i3 Energy and Gran Tierra announced pursuant to Rule 2.7 of the City Code on Takeovers and Mergers (the "2.7 [Read more]
International Petroleum Corporation announces results of Normal Course Issuer Bid
TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 169,800 IPC common shares (ISIN: CA46016U1084) during the period of August 19 to 23, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and [Read more]
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